The first of its kind, a global framework to support policymakers to decarbonise their heavy industries as part of COVID-19 economic recovery plans has been released last week. The following civil society groups and major industrial businesses have endorsed the Framework Principles for Global Heavy Industrial Decarbonisation: Alliance for Energy Efficient Economy, Aldersgate Group, Architecture 2030, Carbon […]
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A €4 trillion mismatch is forming between bank lending that aims to be ‘Paris-aligned’ and the market for this corporate lending in Europe, according to new analysis from EU-funded non-profit CDP Europe and global management consulting firm Oliver Wyman. Running hot: accelerating Europe’s path to Paris, released today, estimates that 95% of all corporate lending in Europe comes from banks with a Paris-alignment ambition. But under 1 […]
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IBM announced that it will achieve net zero greenhouse gas emissions by 2030 to further its decades-long work to address the global climate crisis. The company will accomplish this goal by prioritizing actual reductions in its emissions, energy efficiency efforts and increased clean energy use across the more than 175 countries where it operates. “I […]
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As part of its holistic sustainability strategy, MARC O’POLO has set for itself the goal of becoming climate neutral by 2025 at the latest. Achieving this involves reducing CO2 emissions both within the company and throughout the entire supply chain. MARC O’POLO has entered into a partnership with ClimatePartner to determine its current CO2 footprint […]
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Anne-Sophie Castelnau has been appointed ING’s global head of Sustainability per 1 April 2021. She will succeed Amin Mansour, who fulfilled the role on an interim basis. Anne-Sophie is currently head of Wholesale Banking for ING in France. Anne-Sophie Castelnau (French) joined ING in France in 2005. Before she became head of Wholesale Banking in France, […]
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Two of the leading global enablers for environmental, social and governance impact management and disclosure have joined forces to help organizations get more out of their reporting and assessment tools. This collaboration allows companies to optimize their contribution to a more sustainable future. The GRI Standards are the world’s most widely adopted sustainability reporting standards, […]
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Yesterday (22 February), in the margins of the fifth UN Environment Assembly, the EU, teaming up with the United Nations Environment Programme and in coordination with the United Nations Industrial Development Organization, launched the Global Alliance on Circular Economy and Resource Efficiency (GACERE). The Alliance is one of the deliverables of the EU’s Circular Economy Action […]
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The European Union is a strong global performer in the transition towards sustainability, with Denmark and the Netherlands topping the EU ranking and outperforming the US and China. These are some of the main results of the new Transitions Performance Index (TPI), published by the Commission today. It ranks EU Member States and 45 other countries […]
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S&P Global launched a new public webpage highlighting S&P Global’s full suite of environment, social and governance (ESG) solutions, and for the very first time, access to S&P Global ESG Scores on 9,200 companies. S&P Global ESG Scores are the key factor for selecting companies for the Dow Jones Sustainability Indices (DJSI). The underlying data is also used as one […]
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In a year where business has had to transform the way it meets the needs of society and the environment, family owned businesses risk falling behind, according to a new global survey by PwC of 2,801 family business owners. While more than half (55%) of respondents saw the potential for their business to lead on […]
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GKN Aerospace in the Netherlands has been powered by 100% renewable electricity since the 1st January 2021. This milestone is a significant step on GKN Aerospace’s Net Zero carbon journey, reducing its global CO2 footprint by 8% per year. The green electricity now comes from wind power, which enables GKN Aerospace to report much lower emissions […]
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ASML and RWE, one of the world’s leading renewable energy companies and a major player in global energy trading, have signed a power purchase agreement (PPA). Under the terms of the 10-year agreement starting in 2021, ASML will be provided with 257 gigawatt hours of green electricity per year from RWE. The power will be […]
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